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Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 2.895-9.2%Nov 3 3:57 PM EST

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To: GR who wrote (224)11/10/1997 5:51:00 PM
From: Tom Hofmann  Read Replies (1) of 279
 
I hope that is the possibility. It is more probable, IMO, that the fund is buying on potential. Just the fact that the floorless debentures are under control, and the fund is buying in does signify a strong fundamental movement in the correct direction. I like the confidence shown in mgt. by the fund.This one is a buy and hold for me, as I see progress down the pike a bit. I would see losses narrowing noticeably in this quarterly report based on Feakins' recent statements. If it was REAL good, I don't think they'd be asking for an extension on the 10K for June quarter...
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